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Ocado still to prove itself despite [pounds sterling]30m extra funds. (Finance).

Publication: New Media Age
Publication Date: 16-JAN-03
Format: Online - approximately 326 words
Delivery: Immediate Online Access
Full Article Title: Ocado still to prove itself despite [pounds sterling]30m extra funds. (Finance).(food delivery service)(Brief Article)

Article Excerpt
Industry analysts have said that Ocado still has much to prove despite having raised another [pounds sterling]30m in funding last week.

The food delivery business backed by Waitrose is now valued at [pounds sterling]240m after its previous backers, John Lewis and UBS, gave it [pounds sterling]12m and [pounds sterling]3m...

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